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What is the difference between M1 and M2 measures of money supply?

A. M1 includes currency, coins, gold and silver. M2 does not include gold and silver.

B. M1 includes currency, checkable deposits. M2 includes currency, checkable deposits, savings deposits and time deposits

C. M1 includes checkable deposits. M2 includes currency.

D. M1 includes currency. M2 includes checkable deposits.

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Yusra Anees
Yusra AneesLv10
20 Oct 2020
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